2024 BMD to DOP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BMD to DOP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BMD to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 61.1079. Conversely, the yearly low was recorded on May 4, dropping to 57.9477.
This high-to-low spread represents a total annual volatility of 3.1602 DOP. From a start-to-finish perspective, comparing the January average rate of 58.5977 to the December average rate of 60.6941, the exchange rate registered a net change of 3.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 61.1079 was up 5.16% compared to the 2023 peak of 58.1068, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BMD to DOP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 58.8515, compared to 60.0223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1708 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 1.3023 DOP (High: 59.2500 / Low: 57.9477). On the other end, October was the most stable month, with a tight range of 0.3530 DOP (High: 60.5257 / Low: 60.1726).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.6121 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 60.6941) against the same month in 2023 (average: 57.3308), the exchange rate shifted by +3.3633 (+5.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 59.0030 | 57.9578 | 58.5977 |
| February | 58.9500 | 58.4784 | 58.6982 |
| March | 59.3500 | 58.5630 | 59.0085 |
| April | 59.4350 | 58.4894 | 59.0830 |
| May | 59.2500 | 57.9477 | 58.4709 |
| June | 59.8629 | 58.8966 | 59.2506 |
| July | 59.3230 | 58.9388 | 59.1495 |
| August | 59.9500 | 58.9479 | 59.6036 |
| September | 60.4250 | 59.6549 | 60.0079 |
| October | 60.5257 | 60.1726 | 60.3321 |
| November | 60.5419 | 60.1020 | 60.3465 |
| December | 61.1079 | 60.2955 | 60.6941 |